Monday, December 10, 2012

Obama’s Dirty Little Tax Secret: He’s Already Raised Taxes on the Rich

The one glaring omission in President Obama’s fiscal cliff demands for higher rates on top earners is that he’s already raised their taxes. That’s right! When he signed Obamacare into law, he raised tax rates on families earning more than $250,000—his definition of rich.
He has done so by including in the 18 separate Obamacare tax hikes an increase of the tax rates on income and investment.

Read more: http://blog.heritage.org/2012/12/06/obamas-dirty-little-tax-secret-hes-already-raised-taxes-on-the-rich-chart/?utm_source=Newsletter&utm_medium=Email

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